Every decade, a new form of technology is introduced that helps to increase productivity and efficiency in businesses around the world. From the invention of the sewing machine in 1851 to Henry Ford’s perfection of the moving assembly line in 1913 to the first business computer in 1951, history–and business–has been repeatedly disrupted by transformational technologies.
For the past few years, there have been rumblings that AI is emerging as the next revolutionary technology. And while there is still a long way to go in terms of the overall use case for this technology, it is already having an uproarious impact in one area: finance.
The manual, repetitive tasks often involved in running a finance department, along with the critical need for accuracy, make finance the perfect field for the practical application of AI. This guide will explore the current iterations of AI so you can leverage it to support your business.